As a director at NRV, an early stage venture capital firm in Richmond, VA, Paul co-leads their overall business development strategies and their discernment process around new investment opportunities, as well as supporting several portfolio companies. Prior to arriving at NRV, he served as the Small Business Capital Strategist for Virginia Community Capital, Virginia’s largest community development financial institution. In this capacity Paul was responsible for building the firm’s venture debt portfolio focusing on growth companies, social enterprises, and healthy foods. Before coming to VCC he was Managing Director of a family office in Richmond, VA, preceded by positions at Wells Fargo, Union First Market Bank, Bank of America, and Wachovia. He is an active participant in, and advocate for, Central Virginia’s entrepreneurial ecosystem, serving on the boards of several local organizations and various departments at Virginia Commonwealth University and the University of Virginia. Paul graduated from UVA in 2001 with a B.A. in Foreign Affairs, complimented by post-grad business studies through the McIntire School of Commerce Business Institute. He lives in Richmond, VA, with his wife, two young boys, and Alaskan Husky. Logo Logo Logo Logo Logo Home About Info Membership Angel Group Contact Our Team CAV Angels is headed by a group of individuals who have been successful as private investors, entrepreneurs, and executives. BOARD MEMBERS Richard Crawford, JD/MBA Co-Chairman of the Board Richard Crawford, JD/MBA Co-Chairman of the Board Jim Cheng, JD/MBA Co-Chairman of the Board Jim Cheng, JD/MBA Co-Chairman of the Board Rich Diemer, CPA Co-Chairman of the Board Rich Diemer, CPA Co-Chairman of the Board Jerry Peng (Darden ’03) Board Member Jerry Peng (Darden ’03) Board Member Jesse Ellington, MBA Board Member Jesse Ellington, MBA Board Member Dr. Jim Aylor, Ph.D. Board Member Dr. Jim Aylor, Ph.D. Board Member Paul Nolde Board Member Paul Nolde Board Member Bryan Simms Board Member Bryan Simms Board Member Greg Fairchild, PHD Board Member Greg Fairchild, PHD Board Member

He served as the Secretary of Commerce and Trade for the Commonwealth of Virginia for 4 years, contributing significantly to economic development, job creation, tourism, film, industry regulation and safety, housing, and a number of other commerce-related fields. He is currently of counsel at the law firm of Lee and Hayes and is working with several private equity and angel investment firms. He also teaches at the University of Virginia School of Engineering.

During his tenure, Rich has played a key role in creating over $7 billion of shareholder value. After 17 years in public accounting at KPMG, Rich joined Allied-Signal Inc. He was VP-Corporate Controller during the merger with Honeywell, then became CFO of Honeywell's Specialty Materials segment. In addition, Rich spent four years at Honeywell Capital Management, overseeing equity managers and managing a $500 million+ equity portfolio. Rich is on the McIntire Advisory Board, is a board member and Audit Committee Chair of the Virginia Foundation for Public Media, and serves as a Senior Director at Seale & Associates, a Northern Virginia-based global boutique investment banking and consultancy firm. Rich graduated from the McIntire School of Commerce at The University of Virginia in 1980. He is the managing partner of Wickham Glen Holdings, LP, a family office

He is an experienced entrepreneur having started three companies and an experienced angel investor having made several personal angel investments and run the Virginia Active Angel Network. He has been a member of the Darden Faculty since 1988 and is currently a Visiting Executive Lecturer at Darden where he works closely with Professor William Sihler on the Finance of Small Business course. Richard has has been a member of the Law School Faculty since 2008 where he teaches a course in Finance of Small Enterprises. He holds B.A., MBA and JD degrees from the University of Virginia and is the author/co-author of five books.

Through his experience as a portfolio manager, equity analyst, hedge fund manager and investment management consultant, Jess has been able to generate superior investment results with particular focus on risk management and portfolio diversification. Prior to joining Union, Jess worked for Solaris Capital LLC, FDSI (Wilshire Associates), and Wells Fargo Investment Advisors. Jess is a graduate of The University of Virginia and has an MBA from The Darden School of Business at UVA.

Fairchild serves as an academic director for Darden's Institute for Business in Society (IBiS). He teaches strategic management, entrepreneurship and ethics in Darden's MBA and Executive Education programs. He has received a number of awards for teaching excellence at the Darden School. His research is likewise renowned, as he was recently the lead investigator studying business models and public policy issues in the field of community development finance, an initiative supported by a three-year $850,000 grant from the John D. and Catherine T. MacArthur Foundation. Fairchild was named one of five high impact research professors and the sole scholar focused in entrepreneurship by the Financial Times in 2010. In 2009, he received a faculty Pioneer Award presented by the Aspen Institute's Center for Business Education for his leadership and risk taking in integrating ethical, environmental and social issues into the MBA curriculum. In 2011, he was the only academic named as one of "25 Virginians to watch" by Virginia Business Magazine. In 2012, Fairchild was named one of the Top Ten Business School Professors in the World by CNN/Fortune and one of the 50 Best Business School Professors by Poets & Quants. His multidisciplinary work has been cited by Inc. Magazine, The Economist, National Public Radio (NPR), USA Today, New York Times and the Washington Post, among others. Fairchild worked in marketing positions for such industry leaders as Kraft General Foods, Procter & Gamble and Saks Fifth Avenue before embarking on his doctoral studies. Fairchild served on the investment advisory of the Virginia Retirement Service (VRS), the Commonwealth's public pension fund from 2009 to 2012. Governor McAuliffe appointed Fairchild was to the board of Virginia Community Capital, the Commonwealth's largest community-development bank, where he served from 2015 to 2017. University of Virginia President Terry Sullivan appointed Fairchild to the board of University Physician's Group, the University Medical Center's practice plan, where he served from 2012 to 2017. In 2017, Fairchild became a Trustee of Union Square Capital Core Real Estate Fund, a mutual fund; and was appointed by Governor McAuliffe to the Virginia Economic Development Partnership, the Commonwealth's economic development authority. In addition to his teaching and research, he is a consultant to corporations, nonprofits and governmental agencies. Fairchild and his wife, Tierney Temple Fairchild (D '94) are the founders of Resilience Education, an organization committed to providing high quality Socratic education to those that might not otherwise afford it ( www.Resilience-Education.org). This is the conduit through which the Darden Prison Program is administered, among other initiatives. Logo Logo Logo Logo Logo Home About Info Membership Angel Group Contact Our Team CAV Angels is headed by a group of individuals who have been successful as private investors, entrepreneurs, and executives. BOARD MEMBERS Richard Crawford, JD/MBA Co-Chairman of the Board Richard Crawford, JD/MBA Co-Chairman of the Board Jim Cheng, JD/MBA Co-Chairman of the Board Jim Cheng, JD/MBA Co-Chairman of the Board Rich Diemer, CPA Co-Chairman of the Board Rich Diemer, CPA Co-Chairman of the Board Jerry Peng (Darden ’03) Board Member Jerry Peng (Darden ’03) Board Member Jesse Ellington, MBA Board Member Jesse Ellington, MBA Board Member Dr. Jim Aylor, Ph.D. Board Member Dr. Jim Aylor, Ph.D. Board Member Paul Nolde Board Member Paul Nolde Board Member Bryan Simms Board Member Bryan Simms Board Member Greg Fairchild, PHD Board Member Greg Fairchild, PHD Board Member

She is the current executive director and co-founder of CvilleBioHub, a private non-profit that offers services and education to the regional industry cluster in Central Virginia. Her prior experiences include career roles that have spanned biotech industry sectors to support the translation of research from universities into commercially sustainable and viable entities. These roles include being on the co-founding team at HemoShear Therapeutics, and the COO for Contraline. Dr. Hastings applies her experiential business acumen to strategy development and execution, while maintaining her scientific perspective and curiosity for successful biotech commercialization. She holds a PhD in biomedical engineering from the University of Virginia.

Prior to Kentucky, she served on the faculty at Vanderbilt University and Washington University in St. Louis. Dean Jenkins received her Ph.D. in Accounting from the University of Iowa and completed her undergraduate work in Accounting and Finance at Drexel University. Her research interests include the investigation of financial reporting failures, share repurchase, and the effect of social networks on performance outcomes. Her teaching experience has focused on financial reporting topics in both executive education, graduate, and undergraduate programs. Dean Jenkins is a Certified Public Accountant and is the immediate past president of the Financial Accounting & Reporting Section of the American Accounting Association. Prior to becoming an academic, she was an Auditor and Consultant at PriceWaterhouse and Coopers & Lybrand. Additionally, she consults and serves as an expert witness in matters related to financial reporting, valuation, and estimation of damages.

Prior to joining McGuireWoods, she was an associate in Technology Investment Banking at Wells Fargo Securities and held FINRA Investment Banking Series 79 and 63 Licenses. Clare is lecturer at the University of Virginia School of Law, where she teaches corporate law and entrepreneurship. She holds the CIPP/US certification as a Certified Information Privacy Professional from the International Association of Privacy Professionals (IAPP). Clare is a 2005 graduate of UVA, a 2011 graduate (MBA) of UVA’s Darden School of Business and a 2011 graduate (JD) of UVA’s School of Law; she is a member of the Bar in New York and Virginia.

Her first book Brussels vs. the Beltway (Georgetown University Press) explored how advocates shape public policy in two of the most powerful political systems on the planet: the US and the EU. She conducted fieldwork in 7 conflict zones in Asia, Africa, Eastern Europe and Latin America for her second book Failure and Hope: Fighting for the Rights of the Forcibly Displaced (Cambridge University Press). The book argues we need to advance impact investing in forced displacement solutions for the 80 million people displaced by violent conflict worldwide. To help foster innovative solutions to social problems she launched and leads Social Entrepreneurship at the University of Virginia. Over the past ten years, SE@UVA has introduced courses on social entrepreneurship, a minor, a concept competition, scholarships to work with social enterprises and a myriad of student activities providing hands-on experience in social innovation.

Mr. Peng’s career spans over twenty years in various senior roles across corporate finance, strategy and banking, with global institutions including Goldman Sachs, Morgan Stanley and Standard Chartered Bank. Most recently he served as managing director with Goldman Sachs in Asia, managing corporate financing and derivatives business and corporate securities sales in China. Mr. Peng serves as a trustee on the University of Virginia Darden Business School Foundation Board, and as council member of Darden Global Advisory Council and Batten Institute Advisory Council. He is also a trustee of the Virginia Foundation for Independent Colleges’ Board. He is co-founder and co-president of the China alumni clubs for Darden and UVA. He earned a BE in Engineering and Finance from Beijing University of Aeronautics and Astronautics and an MBA from the Darden Business School.

Prior to joining the company he was in public accounting, and has been named a Super CPA three times by Virginia Business and the Virginia Society of Certified Public Accountants. He is currently Chair-Elect of the Virginia Association of Community Banks, and involved with various civic and charitable groups as a board member and volunteer. He holds a B.S. in Economics and Accounting from Eastern Mennonite University, an MS in Accounting from James Madison University, and an MBA from the Darden Business School at the University of Virginia. He is a Certified Public Accountant licensed in the Commonwealth of Virginia.

Previously, James served as a senior foreign service officer at the U.S. Agency for International Development, where he held leadership positions in country missions and steered the Agency’s private sector development and public-private-partnership initiatives. Over the years, James has also been actively involved in providing technical and financial support to various international non-profit organizations, engaged in micro-finance, refugee resettlement, and humanitarian relief in conflict-prone/fragile countries. James’ strong ties to the University of Virginia have evolved with the attainment of degrees (MA, PhD, MBA) and the presence of his twin daughters (‘19) Isabella and Gabriella at the University.